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If an appellate court orders a deposit under section 148(1) of the Negotiable Instruments Act, 1881 in…

When the appellate court orders a deposit under section 148(1), the statutory minimum is 20 percent of the fine or compensation awarded by the trial court. The Supreme Court…

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If an appellate court orders a deposit under section 148(1) of the Negotiable Instruments Act, 1881 in a drawer’s appeal against conviction under section 138, what is the statutory minimum percentage of the trial court’s fine or compensation?

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Answer and explanation

Correct answer A

When the appellate court orders a deposit under section 148(1), the statutory minimum is 20 percent of the fine or compensation awarded by the trial court.

The Supreme Court permits suspension of sentence without a deposit condition in an exceptional case, with reasons recorded.

Option feedback

Option A

Section 148(1) states a 20 percent minimum for the amount ordered.

Option B

Twenty-five percent is above the statutory minimum.

Option C

Ten percent is below the statutory minimum for a deposit order.

Option D

Five percent is below the statutory minimum for a deposit order.

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